Medical Devices Company Investment Opportunity in New Delhi, India
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 40 thousand |
| Run Rate Sales | USD 175 thousand |
| EBITDA Margin | 10 % |
| Industries | Medical Devices |
| Locations | New Delhi |
| Local Time | 11:15 AM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
- Innovation: The company has launched the world’s first smoking cessation filter, to reduce nicotine intake.
- Market: Operating in a US $56B market with INR ₹15 lakhs MRR and a 40% repeat order rate.
- Financials: Gross margins are projected to improve from 48% in last year to 70% by next year.
- Awards: Received the Startup National Award from the President of India.
- R&D Support: Backed by IIT Delhi with 4 granted IPs and INR 1.8 crore in government R&D grants.
- Global expansion: Exporting to the US, Spain, Iran, and Vietnam with ongoing partnerships.
- High growth is attributed to an increase in demand for the product due to being featured on a very popular TV show.
- Machinery.
- Furniture.
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Director, Mumbai, Financial Consultant connected with the Business
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Sales Associate, Makati City, Financial Consultant connected with the Business